My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

We've never used percentage-based criteria, like the 70% Rule, for purchases.

My team is looking to purchase a new property each month of 2025.

You can purchase a primary home with seller financing, then rent out the spare rooms to generate income.

@Jerry Velezif a property is owned outright with no mortgages, debts or liens on it, then it can (potentially) be purchased on seller financing. 

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

I’m looking to raise $160,000 to cover the purchase, renovation, and activation of this new Airbnb property.

Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.